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i am not quite sure about it. bcos around 606~608 is strong resistance level. again, 600 is strong psychological support. if both of them are strong enough, it would be going range trading for sometime.

exit short @ 603

current price: 603.5 action: hold short, stop@605.5

gold is very bullish and i just expect a slight pull back. 600~598 will be a very strong support and 610~612 would be a resistance. gt

current price: 605 directional bias: bullish action: short @ 605, sotploss@608

current price: 593 directional bias: slightly bearish action: none

i think gold would continue to rally and could reach as high as 605~607.

yes, it was really quick. i posted my call to go long @ 591 at kitco web site as i didn't have time to post here.

it would have been stopped out by now. current price: 590 directional bias: none action: none

current price: 587.5 directional bias: bearish action: short, stoploss: 590.5

it would have been stopped out as gold reversed after a roller-coaster ride all day. current price: 588.5 directional bias: bearish action: none good luck gt

although gold is recovering from previous day's loss, risk of continuation of selling is still developing. current price: 591.5 directional bias: neutral to slightly bullish action: none or hold long suggested stoploss: 589.5

it would have been stopped out. current price: 588.5 current trend: down directional bias: neutral action: none or hold long if you are not stopped at 587

current price: 589 action: hold long stop: 587 (adjust with your broker's spread) good luck

it is pretty strange today that while everyone was expecting gold to move higher and 600 barrier was only an inch away, gold fell more than 1% sharply in a few hours. this is what you might call it manipulation. gt

welcome! please also note my calls are for very short swing trading only. anyway, intraday and short term swings are big enough to take profit or loss. like today, it is big enough to take us out of market with a huge loss within a few hours if we are in wrong side of the market...

long @ 587.5 stop @ 584 gt

exit short @ 589.5

it is intraday and short term timeframe.

i think gold is a bit weak at current price. short @ 596.3 stop @ 601 good luck gt